UNIONDALE, N.Y., Feb. 05, 2019 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the holding company for Flushing Bank (the "Bank"), announced today that John F. Stewart, a member of the Executive Management team, has passed at age 62.
Mr. Stewart joined Flushing Bank in 2014 as Executive Vice President, Chief of Staff. John was promoted to Senior Executive Vice President in July 2018 and most recently assumed responsibility as Chief of Local Markets and Government Banking. In this role, he was responsible for growing the government, consumer and business banking customer relationships. Before joining Flushing Bank, he was President and Chief Executive Officer of First National Bank of New York. Prior to his work at First National Bank of New York, Mr. Stewart held various senior level positions including Local Markets President and Managing Director of National Distribution for Citibank.
John R. Buran, President and Chief Executive Officer, stated: "We are deeply saddened by the passing of our friend and colleague. Although his time with us was too short he had a tremendous impact on our organization. His broad expertise and strategic prowess contributed great value to our Executive team. In addition to his outstanding achievements, John had a terrific sense of humor and a quick wit. He had a unique and engaging charm that enabled him to relate to investors, analysts, and staff equally. He took great pride in getting to know all of our employees on a first name basis. John and I have become close friends in the past few years and I will miss him. He has left a void in our organization and our hearts that will be difficult to fill. He will be greatly missed by all."
Funeral arrangements will be posted on the Company's website.
About Flushing Financial Corporation
Flushing Financial Corporation (Nasdaq:FFIC) is the holding company for Flushing Bank®, a New York State—chartered commercial bank insured by the Federal Deposit Insurance Corporation. The Bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, equipment finance, and cash management services through its banking offices located in Queens, Brooklyn, Manhattan, and Long Island. As a leader in real estate lending, the Bank's experienced lending team creates mortgage solutions for real estate owners and property managers both within and outside the New York City metropolitan area. Flushing Bank is an Equal Housing Lender. The Bank also operates an online banking division consisting of iGObanking.com®, which offers competitively priced deposit products to consumers nationwide, and BankPurely®, our eco-friendly, healthier lifestyle community brand.
Additional information on Flushing Bank and Flushing Financial Corporation may be obtained by visiting the Company's website at http://www.flushingbank.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this Press Release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors discussed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 and in other documents filed by the Company with the Securities and Exchange Commission from time to time. Forward-looking statements may be identified by terms such as "may", "will", "should", "could", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "forecasts", "goals", "potential" or "continue" or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.
Maria A. Grasso
Senior Executive Vice President, Chief Operating Officer
Source: Flushing Financial Corporation